Budget consultation period closes

Published on 31 July 2020

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Consultation on the City of Stonnington’s draft 202/21 budget has closed.

Council will review feedback and hear from those who wish to speak to their submission at a meeting on 17 August. The draft budget is due to be adopted on 31 August.

The draft budget proposes a 2 per cent rate increase, which will be waived for rates paid up-front and in full.

This proposed increase is consistent with similar councils across Melbourne and within the State Government’s cap on rate rises.

Council has experienced – and forecasts – a significant loss of revenue as a result of the pandemic. To date, we have seen a huge drop in revenue from car parking, business fees and charges, sports hire fees, and community services.

Meanwhile, the cost to deliver our critical services continues to rise. Maintaining streets and parks, providing waste and recycling services, leisure facilities and important maternal, youth and aged care services costs more every year.

This proposed rise will support Council’s obligations to deliver our essential services, support the community recovery effort and help secure long-term financial sustainability.

Council recognises business is doing it tough and has delivered initiatives including a $1 million package of benefits such as waiving fees and charges, lifting parking restrictions, rent relief for businesses in council properties, shop local campaigns, a new hardship policy, waiving interest on late payments, access to business advisory and mental health services, and cash grants.

We are about to announce a $250,000 grant program for small business that will offer $5,000 grants to invest and adapt under COVID-19 restrictions and prepare for the post COVID-19 world.